Reversal of ITC - the assessment are sought to be re-opened and ...
VAT and Sales Tax
October 29, 2021
Reversal of ITC - the assessment are sought to be re-opened and the ITC availed by the dealers are directed to be reversed, when a mismatch occurs - If an instruction has already been given to the AO and if any such summon is issued, it is open to the petitioner to make response to the said summons and accordingly, the exercise of revisiting the assessment order can be completed by the third respondent. - HC
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